Common use of Effect of Force Majeure Clause in Contracts

Effect of Force Majeure. If either party is rendered unable by an event of Force Majeure to carry out, in whole or part, its obligations under this Agreement, then, for only the pendency of such Force Majeure, the party affected by the event (other than the obligation to make payments then due or becoming due with respect to performance which occurred prior to the event) shall be temporarily relieved of its obligations hereunder insofar as they are affected by Force Majeure but for no longer period. The party affected by an event of Force Majeure shall provide the other party with written notice setting forth the full details thereof within two (2) Business Days after the occurrence of such event and shall take all reasonable measures to mitigate or minimize the effects of such event of Force Majeure.